June 2, 2015
TO: Neil Fulton, Town Manager
FROM: Robert Robinson, Finance Director
RE: Finance Department Monthly Report for May
- Delinquent Tax collections through last May were $11,846. Delinquent Taxes as of May 31, 2015 are $142,545. Last year at the end of May they were $158,682. Interest collections were $2,301 and the penalty collections were $948.
- Continue to monitor spending and year end projections.
- Updated written procedures for Payroll and Accounts Payable to reflect banking and procedural changes.
- Reviewed grants in process and closed grants.